Those Evading Price Cap on Russian Oil to Face Consequences - US Treasury Official
Those that evade the price cap on Russian oil exports will face consequences under the domestic law of the jurisdictions implementing the cap, US Deputy Treasury Secretary Wally Adeyemo said on Thursday
WASHINGTON (Pakistan Point News / Sputnik - 10th September, 2022) Those that evade the price cap on Russian oil exports will face consequences under the domestic law of the jurisdictions implementing the cap, US Deputy Treasury Secretary Wally Adeyemo said on Thursday.
"Those that evade the price cap by falsifying documentation or otherwise hiding the true origin or price of the oil would face consequences under the domestic law of the jurisdictions implementing price caps," Adeyemo said during a virtual discussion organized by the Brookings Institution.